CREDO TECHNOLOGY GROUP HOLDING LTD


Associated tags: SAN, Credo, Interest

Locations: GEORGE TOWN, KY, NEW YORK, CHARLOTTE, NORTH CAROLINA, NORTH

Credo Introduces the Seagull 452 family of High-Performance Optical DSPs

Retrieved on: 
Tuesday, September 5, 2023

The family consists of the octal channel Seagull 452, the quad channel Seagull 252 and the dual channel Seagull 152 DSPs.

Key Points: 
  • The family consists of the octal channel Seagull 452, the quad channel Seagull 252 and the dual channel Seagull 152 DSPs.
  • The Seagull 452 family of DSPs aims to help our customers balance these concerns while also benefitting from this growing market opportunity.”
    The Seagull 452 family incorporates Credo’s fourth generation DSP technology on the electrical host interface and the optical interface.
  • The new Seagull 452 boasts exceptionally low-power consumption and is targeted at the burgeoning 400G Active Optical Cable (AOC) market for AI networks.
  • All members of the Seagull 452 family support 25 Gbps NRZ operation for backwards compatibility.

Credo Technology Group Holding Ltd Reports First Quarter of Fiscal Year 2024 Financial Results

Retrieved on: 
Thursday, August 24, 2023

Bill Brennan, Credo’s President and Chief Executive Officer, stated, “For the fiscal quarter ended July 29, 2023, Credo reported revenue of $35.1 million, an increase of 9% compared to the prior quarter.

Key Points: 
  • Bill Brennan, Credo’s President and Chief Executive Officer, stated, “For the fiscal quarter ended July 29, 2023, Credo reported revenue of $35.1 million, an increase of 9% compared to the prior quarter.
  • As a result, we continue to expect sequential growth throughout fiscal 2024.
  • Credo believes that the presentation of non-GAAP financial measures provides important supplemental information to management and investors regarding financial and business trends relating to Credo’s financial condition and results of operations.
  • Externally, management believes that investors may find Credo’s non-GAAP financial measures useful in their assessment of Credo's operating performance and the valuation of Credo.

Credo to Present at Goldman Sachs Communacopia + Technology Conference

Retrieved on: 
Monday, August 14, 2023

SAN JOSE, Calif., Aug. 14, 2023 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (NASDAQ: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved power and cost efficiency as data rates and corresponding bandwidth requirements increase throughout the data infrastructure market, today announced that Bill Brennan, CEO, and Dan Fleming, CFO, are scheduled to present at the following upcoming investor conference.

Key Points: 
  • SAN JOSE, Calif., Aug. 14, 2023 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (NASDAQ: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved power and cost efficiency as data rates and corresponding bandwidth requirements increase throughout the data infrastructure market, today announced that Bill Brennan, CEO, and Dan Fleming, CFO, are scheduled to present at the following upcoming investor conference.
  • The presentation will be webcast live on Credo’s IR website at http://investors.credosemi.com/ .
  • The webcast replay will be available as soon as possible following the event on Credo’s IR website.

Credo Schedules First Quarter Fiscal Year 2024 Financial Results Conference Call

Retrieved on: 
Thursday, August 10, 2023

The news release announcing the first quarter fiscal year 2024 financial results will be disseminated on August 24, 2023 after the market closes.

Key Points: 
  • The news release announcing the first quarter fiscal year 2024 financial results will be disseminated on August 24, 2023 after the market closes.
  • Interested parties may join the conference call beginning at 1:15 p.m. Pacific Time on Thursday, August 24, 2023 by registering online at https://register.vevent.com/register/BI9d21771adfe649c38581fce70d65ebce .
  • After registering, a confirmation will be sent through email, including dial-in details and a unique conference call code for entry.
  • A live webcast of the conference call will be available on Credo’s Investor Relations website at http://investors.credosemi.com/ .

Credo to Showcase HiWire AEC Cables at OCP China Day in Beijing

Retrieved on: 
Wednesday, August 9, 2023

The event will provide Credo with a platform to showcase its HiWire AEC cables and delve into the realm of Generative AI with a thought-provoking presentation by Simon Yang, Vice President of Sales at Credo.

Key Points: 
  • The event will provide Credo with a platform to showcase its HiWire AEC cables and delve into the realm of Generative AI with a thought-provoking presentation by Simon Yang, Vice President of Sales at Credo.
  • At booth #B05, Credo will display its HiWire AEC cables that offer outstanding performance and energy efficiency.
  • Simon Yang, Vice President of China Sales at Credo, will discuss generative AI and its outsized impact on the SerDes ecosystem.
  • Credo invites all OCP China Day attendees to visit booth #B05 to view this presentation.

Credo Technology Group Holding Ltd Reports Fourth Quarter and Fiscal Year 2023 Financial Results

Retrieved on: 
Wednesday, May 31, 2023

SAN JOSE, Calif., May 31, 2023 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved power and cost efficiency as data rates and corresponding bandwidth requirements increase throughout the data infrastructure market, today reported financial results for the fourth quarter and full fiscal year 2023, ended April 29, 2023.

Key Points: 
  • SAN JOSE, Calif., May 31, 2023 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved power and cost efficiency as data rates and corresponding bandwidth requirements increase throughout the data infrastructure market, today reported financial results for the fourth quarter and full fiscal year 2023, ended April 29, 2023.
  • Bill Brennan, Credo’s President and Chief Executive Officer, stated, “In fiscal 2023, Credo achieved just over $184M in revenue, a 73% increase compared to fiscal 2022.
  • We believe this technology acceleration increases the degree of difficulty and will naturally slim the field of market participants.
  • Credo believes that the presentation of non-GAAP financial measures provides important supplemental information to management and investors regarding financial and business trends relating to Credo’s financial condition and results of operations.

Credo to Present at Stifel 2023 Cross Sector Insight Conference

Retrieved on: 
Wednesday, May 17, 2023

SAN JOSE, Calif., May 17, 2023 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (“Credo”) (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved power and cost efficiency as data rates and corresponding bandwidth requirements increase throughout the data infrastructure market, today announced that Bill Brennan, CEO, and Dan Fleming, CFO, are scheduled to present at the following upcoming investor conference.

Key Points: 
  • SAN JOSE, Calif., May 17, 2023 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (“Credo”) (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved power and cost efficiency as data rates and corresponding bandwidth requirements increase throughout the data infrastructure market, today announced that Bill Brennan, CEO, and Dan Fleming, CFO, are scheduled to present at the following upcoming investor conference.
  • The presentation will be webcast live on Credo’s IR website at http://investors.credosemi.com/ .
  • The webcast replay will be available as soon as possible following the event on Credo’s IR website.

Credo Schedules Fourth Quarter and Fiscal Year 2023 Financial Results Conference Call

Retrieved on: 
Monday, May 15, 2023

The news release announcing the fourth quarter and fiscal year 2023 financial results will be disseminated on May 31, 2023 after the market closes.

Key Points: 
  • The news release announcing the fourth quarter and fiscal year 2023 financial results will be disseminated on May 31, 2023 after the market closes.
  • Interested parties may join the conference call beginning at 2:00 p.m. Pacific Time on Wednesday, May 31, 2023 by registering online at https://register.vevent.com/register/BI2ecd39448de04c82b9f4003b106b134a .
  • After registering, a confirmation will be sent through email, including dial-in details and a unique conference call code for entry.
  • A live webcast of the conference call will be available on Credo’s Investor Relations website at http://investors.credosemi.com/ .

Credo Pushes Bandwidth Barriers at OFC 2023

Retrieved on: 
Thursday, March 2, 2023

Credo Technology Group Holding Ltd (NASDAQ: CRDO) invites OFC conference attendees to visit its public display during expo hours in booth 3947 in the San Diego convention center from March 7-9.

Key Points: 
  • Credo Technology Group Holding Ltd (NASDAQ: CRDO) invites OFC conference attendees to visit its public display during expo hours in booth 3947 in the San Diego convention center from March 7-9.
  • View the full release here: https://www.businesswire.com/news/home/20230302005847/en/
    Credo invites OFC conference attendees to visit its public display during expo hours in booth 3947 in the San Diego convention center from March 7-9.
  • Interoperability and performance of the Credo 800G Active Electrical Cable with the Screaming Eagle retimer using a Keysight AresONE 800GE QSFP-DD800 Network Test System.
  • A suite of Dove 800 optical DSP demos showcasing performance in various applications, interoperability, internal VCSEL driver, host performance and silicon photonics integration.

Credo Technology Group Holding Ltd Reports Third Quarter of Fiscal Year 2023 Financial Results

Retrieved on: 
Wednesday, March 1, 2023

Bill Brennan, Credo’s President and Chief Executive Officer, stated, “In the fiscal quarter ended January 28, 2023, Credo achieved revenue of $54.3 million, an increase of 71% year over year and 6% compared to the prior quarter.

Key Points: 
  • Bill Brennan, Credo’s President and Chief Executive Officer, stated, “In the fiscal quarter ended January 28, 2023, Credo achieved revenue of $54.3 million, an increase of 71% year over year and 6% compared to the prior quarter.
  • Credo believes that the presentation of non-GAAP financial measures provides important supplemental information to management and investors regarding financial and business trends relating to Credo’s financial condition and results of operations.
  • Externally, management believes that investors may find Credo’s non-GAAP financial measures useful in their assessment of Credo's operating performance and the valuation of Credo.
  • The exclusion of the above items from our GAAP financial metrics does not necessarily mean that these costs are unusual or infrequent.